XML 23 R5.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Aug. 31, 2020
Aug. 31, 2019
ASSETS    
Cash and cash equivalents $ 585,605 $ 359,799
Investments 19,572 25,813
Accounts receivable, net of reserves of $7,987 at August 31, 2020 and $10,511 at August 31, 2019 155,011 146,309
Prepaid taxes 38,067 15,033
Prepaid expenses and other current assets 43,675 36,858
Total current assets 841,930 583,812
Property, equipment and leasehold improvements, net 133,102 119,384
Goodwill 709,703 685,729
Intangible assets, net 121,095 124,448
Deferred taxes 0 7,571
Lease right-of-use assets, net 248,929 0
Other assets 28,629 39,186
TOTAL ASSETS 2,083,388 1,560,130
LIABILITIES    
Accounts payable and accrued expenses 82,094 79,620
Current lease liabilities 29,056 0
Accrued compensation 81,873 64,202
Deferred fees 53,987 47,656
Dividends payable 29,283 27,445
Total current liabilities 276,293 218,923
Debt obligations 574,354 574,174
Deferred taxes 19,713 16,391
Deferred fees 9,319 10,088
Taxes payable 27,739 26,292
Long-term lease liabilities 272,269 0
Other non-current liabilities 7,326 42,006
TOTAL LIABILITIES 1,187,013 887,874
Commitments and Contingencies
STOCKHOLDERS’ EQUITY    
Preferred stock, $0.01 par value, 10,000,000 shares authorized, none issued 0 0
Common stock, $0.01 par value, 150,000,000 shares authorized, 40,767,708 and 40,104,192 shares issued, 38,030,252 and 38,117,840 shares outstanding at August 31, 2020 and 2019, respectively 408 401
Additional paid-in capital 939,067 806,973
Treasury stock, at cost: 2,737,456 and 1,986,352 shares at August 31, 2020 and 2019, respectively (636,956) (433,799)
Retained earnings 633,149 373,225
Accumulated other comprehensive loss (39,293) (74,544)
TOTAL STOCKHOLDERS’ EQUITY 896,375 672,256
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 2,083,388 $ 1,560,130